Member Info for in4cedros

Briggsy - I agree - here is a fuller quote “ Of course there will be selling along the way but progress and results will ultimately win out ” .

Not sure what your motivation is to regularly snipe here - some speculate it’s because you lost your shirt on the failed Bahamas drill - why not tell us why you do it - might be cathartic for you!

Briggsy - I agree - “ Progress and results will ultimately win out ” .

Not sure what your motivation is to regularly snipe here - some speculate it’s because you lost your shirt on the failed Bahamas drill - why not tell us why you do it - might be cathartic for you!

Briggsy- spread usually increases in thin trading conditions- it’s a common ploy by MMs - only a surprise to newbies.

I’m happy for you if you find it gratifying.

Briggsy - 31 trades today, sold value £ 5,090, bought value £3, 860 - I hope you find that level of negative money movement gratifying - no one else would!

Briggsy- I’m a bit busy at the moment but your post has stimulated me to analyse one of your contributions in greater detail so we can debate what your motivations were in posting.

The post that immediately springs to mind is the legendary “ Why on earth “ example that most regular readers have seen more than once!

Watch this space Briggsy and don’t forget to like subscribe and share!

Briggsy - I’ve lost count of the number of times I’ve posted that CEG is a high risk oil exploration stock not for widows and orphans or people like you who didn’t understand the risk.

There are, however, plenty of investors who like the risk profile of this share, some have been encouraged by the partnership with Chevron, some have taken comfort from the $12.5 million cash payment, others now see potential in the possibility of OFF - 3 farm out. All shareholders attach different weight to the potential growth from each aspect. What is wrong with people exercising free will to take on those risks?

You lost your shirt here - it was clearly a learning moment for you. Although I don’t feel any responsibility for your loss I do feel sorry for you on a human level but I just don’t feel that your decision to troll here is good for your mental health as it’s predicated on CEG failing again and that may not happen- in fact the SP could rocket just by getting another farm out, without any oil being discovered!

I’ve also mentioned before that trolling is something of an art form - to do it properly you have to be knowledgeable about the share and the market so that you can unnerve shareholders and challenge those who promote the stock. Just daily sniping doesn’t cut it because readers know you’re a disgruntled loser with credibility shot ( by the legendary farm out tosh! ) who is seeking gratification in a mentally questionable way!

Briggsy - shareholders here will experience fluctuations in SP, up as well as down - surely preferable to your personal scenario - almost total wipe out after Bahamas failure!

Stewart - previous poster probably posted the view of long term holders. Eytan has to use his judgement about frequency of communication - last time we were in the awaiting news scenario GarryGraham was on here regularly criticising Eytan for sounding desperate by becoming the “ de facto “voice of the Conjugate Orange Basin ( despite it leading to the Chevron deal! ) .

Eytan has given a timeline news indication on the CEG website - if you believe there are newsworthy opportunities for development why not mention them here as Eytan does read the board.

Posting on here can create interest, even if there is disagreement, it’s why I try not to miss an opportunity to respond to our regular trolls!

Briggsy - sometimes there’s nothing worth saying whilst news is awaited, except every day passing is a day closer to that next level of development!

As a troll you seem keen to press this idea of a comms BLACKOUT- that’s pretty easy for informed shareholders to stomach - certainly better than the shareholder value WIPE OUT you experienced here!

Even Disgraced Compulsive Liar 12bn troll on the other channel has taken a back seat, post Chevron/$12.5 million, after more than 10 years - time to follow his lead Briggsy?

GarryGraham - there you go again - milestones are important - you’ve already seen your share value increase merely from the Chevron partnership announcement ( not to mention the $12.5 million cash! ). Are you not expecting a serious fillip if they farm out OFF- 3 ?

Come on Garry where’s your enthusiasm for your investment?

GarryGraham - I’m mortified you believe I sound churlish, I’d prefer to characterise it as assertively confident!

My evidence is Briggsy’s LSE posting history!

Briggsy himself does not deny he invested prior to P1 drill and sold out thereafter. You were a claimed investor at that time so you’re well aware of the savagery of the SP hit, in fact YOUR posting history suggests you were in the forefront of the teeth gnashing brigade following the P1 failure!

I’ve mentioned many times that I take no pleasure from Briggsy’s obvious discomfort at his loss but that doesn’t mean I have to support the Avenue he has chosen to deal with his disgruntlement. His legendary comment on the farm out is comedy gold and I make no apologies for “ trotting it out “ more often than Del Boy and Rodney! LOL!

“ Why on earth would anyone want to give their money to a company with no credibility and run by amateurs and most importantly who on earth would want to partner with them ”


Briggsy - above is your famous question for CEG board readers, just before the TRANSFORMATIONAL Chevron announcement - I wouldn’t say it’s MISINFORMATION but it’s certainly over emphatic nonsense which was proven to be tosh of the highest order - what would you say to anyone who sold out on the strength of your quote, possibly losing £1000’s ?

You talk about “ reality bites “ - Briggsy you need look no further than the above scenario to see a near perfect example of reality biting you up the proverbial!

You bought in before the failed Bahamas drill and sold thereafter at a huge loss. You clearly did not understand the risks of investing in a wild cat drill. You should take up your disgruntlement with your financial adviser rather than ruminate your anger by trolling this board - the company have moved on since Bahamas and $12.5 million and partnership with Chevron says it’s going in the right direction!

Shareholders here know this is an exciting high risk oil exploration stock and Eytan and the board have support for the plan, which has published time lines, detailed on CEG website.

In periods of no news it’s not surprising there is SP weakness but the fundamentals remain pretty much the same, except that each day passing reduces the wait until the next milestone.

Briggsy if you have taken comfort from the recent weakness in the SP I’m really pleased for you, it won’t restore your losses but if it lifts your disgruntlement that will be a benefit for those having regular dealings with you!

Chin up Briggsy - look to the future!

Briggsy - even if I were a company shill the facts I present here are up for challenge by anyone, whatever their agenda. People will form their own judgement about you from the cogency of your arguments!

So far your predictions/scaremongering have been an embarrassment even to the likes of Mystic Meg whereas my predictions have been ………… ??? I think you’ll find predictions from me are extremely difficult to locate, usually I refer to predictions from company officials or knowledgeable commentators. Most of my posts are responses to trolls who claim to know better than the company officials, based on zero knowledge but lots of disgruntlement.

I never shy away from telling readers this is high risk oil exploration, not for widows and orphans or others, Briggsy, who don’t understand the risks involved!

Briggsy- thanks for your, unusually detailed, response. I’ve often wondered why you are negative about CEG and it would now seem that, fundamentally, you want readers here to believe you are very concerned about their current business model of farming out their licenses in Uruguay to Super Majors, ( who meet Government of Uruguay strict financial criteria to drill, which CEG don’t! ).

It seems you are concerned about this because you are not convinced Super Majors will follow through. It appears you feel the investment risk is too high. This could be an interesting debating position but it appears rather strange when readers learn you chose to buy shares in Bahamas Petroleum prior to them drilling in the Bahamas, where 100% of the drilling risk was taken by shareholders! The drill proceeded - failed, subsequently almost totally wiping out shareholders. As one of the financially disadvantaged you have been blubbering ever since!

So, since you lost your money here the business model has changed, the company is arguably a less risky investment, currently wallowing in Super Major Cash, with a strengthened SP!

I believe that some readers here might believe that your criticism is merely sour grapes and is just barrel scraping to hide your real agenda - disgruntlement caused by poor assessment of the Bahamas Petroleum drill risk!

As I’ve said before you seemingly weren’t the only one to risk money on BHP and end up teeth gnashing but most of the others have got over it by now - they don’t, in the main, feel that trying to persuade people you don’t know not to buy shares from other people you don’t know will achieve gratification and somehow ease the pain of your loss!

Good luck to all shareholders, this is an interesting small oil exploration play in an exciting area - upside potential is huge and CEG have done exceptionally well lately but anyone reading CEG RNS and watching the Media knows success is not guaranteed!

Briggsy - “ Why on earth ” are you responding to an obvious goad?

I’ve taken inspiration from my tea leaves on posting motivation. I speculate he looks pleased with his day’s work but can’t tell us why, at this time.

Probably had his jacket off and rolled up sleeves but pulled it on, last minute, for the photo. Probably Selfie as he wasn’t told to straighten his tie!


Good to see Eytan supporting the USA market side of the company with some strategic paid advertising, textbook CEO behaviour.

I don’t think you need to worry about the USA investors Garry , they would probably think he was not trying hard enough without a “ dog and pony show ”

Garry - as a loyal shareholding supporter of CEG I’m sure you’re rejoicing, with me, that even the trolls ( paid or unpaid ) struggle to find anything negative, of substance, to say about this exciting small oil exploration play!

If asked, I would emphatically deny any knowledge of his placement as my perfect foil!

The issues here are now pretty clear cut, those wanting a regular dose of carrot dangling, as well as stick waving by CEO, could do worse than read PRD board occasionally! My “ essays ”would be regarded as curt over there!

Briggsy - “why on earth ” after 6000 plus posts, many of them attempting to disabuse disgruntled trolls, would you even think I might tire of it. Responding to you is, I admit, sometimes a bit of a chore, like putting out the bins, but it’s necessary to prevent harmful buildup of pollution.

First though I have to applaud that your latest trolling tack about carrot dangling is fairly mild and not blatant misleading it’s just mischaracterisation.

I’ve observed plenty of carrot dangling on these boards but to characterise the normal activity of an Oil Exploration Company in this way suggests you are completely clueless as to how the procedure works. The process of exploration is a bit like the Grand National where fences have to be jumped, one at a time, in order. It’s possible to fall at any of the fences, including the last ( which is where you experienced your loss in the Bahamas! ) , all jockeys and owners know this before they start but they persist because they choose to take the risk, at least with CEG investment shareholders can change their mind during the race! It’s a shame your financial adviser didn’t, apparently, explain the risks before you invested.

It’s my view you don’t need to worry for the current shareholders here as they know the score and freely participate, no one is twisting their arm up their back!